We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Help- Mortgage worries!
l1234567f
Posts: 1 Newbie
Hi there,
I am currently applying for a mortgage with my partner. He is a First Time Buyer. I have never paid towards a mortage however, my parents own a flat which I stay in for studies and my name is on the mortgage with them as guarantors. We were looking to get an 85-90% LTV mortgage however we don't know what the joint app will be classed as. I.E. is it possible to put him as main applicant and for us to get a FTB mortgage?
Santander have brought back in 90% LTV mortgages for FTB new builds and we are keen for this. However, as already stated we do not know if we can be classed as FTBs on the mortgage app.
Help?!
I am currently applying for a mortgage with my partner. He is a First Time Buyer. I have never paid towards a mortage however, my parents own a flat which I stay in for studies and my name is on the mortgage with them as guarantors. We were looking to get an 85-90% LTV mortgage however we don't know what the joint app will be classed as. I.E. is it possible to put him as main applicant and for us to get a FTB mortgage?
Santander have brought back in 90% LTV mortgages for FTB new builds and we are keen for this. However, as already stated we do not know if we can be classed as FTBs on the mortgage app.
Help?!
0
Comments
-
Yours will be a second mortgage and they will check affordability across both.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.9K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 247K Work, Benefits & Business
- 603.5K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards